September 09, 2009

Recommended Books: On Mind, Meaning & Money

"The value of many men and books rests solely on their faculty for compelling all to speak out the most hidden and intimate things." ~ Friedrich Nietzsche

I recently had a request for recommended books, which I am happy to share! Books are certainly the intelligent person's food for thought. I would be happy to hear of any recommendations you might have (some of these books were recommended to me by readers of this blog).

Emotional Intelligence: Why It Can Matter More Than IQ: I read this book more than 10 years ago and still refer to it quite often. Author, Daniel Goleman, explains why emotional and social intelligence (EQ) is a greater predictor for success than intellectual and academic intelligence. After reading this book, you will have a greater understanding of the human brain and why you think and act the way you do. Self-knowledge is the most powerful knowledge and this book is among the best in this area. It's also quite easy to read.

Man's Search for Meaning: In this
epic book, which has sold more than 10 million copies in at least 24
different languages, Viktor Frankl, a psychotherapist by trade, describes
poignantly his experience in concentration camps during the Holocaust.
He observed that those prisoners who gave up on life, who had lost all
hope for a future, were inevitably the first to die. This classic book might represent the best $10 investment you've ever made.

The Paradox of Choice: Why More Is Less: This aptly titled book, by Barry Schwartz, explains how too many choices actually reduces one's ability to prudently choose and how one may minimize the effect of choice overload. Do we really need 85 different varieties and brands of crackers in the typical grocery store?

Your Money and Your Brain: How the New Science of Neuroeconomics Can Help Make You Rich: Put simply, humans are not hard-wired to be good money managers! Jason Zweig does a fine job of pointing to neuroscience that supports this claim. Personally, I believe that self-knowledge is the key to success in all areas of life -- not just personal finance. This book is a great guide to understanding (and knowing) yourself as a human and how to prevent costly financial errors.

Walden: This classic piece of American literature is a masterfully written lesson on simplicity and contentment. The book is based upon the author (Henry David Thoreau)'s life in a one-room cabin in the woods on Walden pond and his philosophical observations of life and nature during this three-year time period. Every home library should have this book in it.

The Book of Questions: How much do you try to live now as you will one day wish you had lived? If you had all the money you needed, what would you do? Book author, Gregory Stock, PhD, asks hundreds of questions like these. Answer them honestly to yourself and you will likely be a different person (for the better) after reading them.

Stumbling on Happiness: Humans are terrible at predicting their happiness (or unhappiness); however, we continue to make plans based on these false forecasts produced by the imagination. With a combination of science, philosophy and humor, author Daniel Gilbert delivers one of the best books I've ever read on the subject of happiness. This is another "must have" for the pursuit of self-knowledge, which is arguably the true path to happiness.

To keep this blog post digestible, I will stop here. If more interest is shown in other book recommendations, I'll be happy to share them. Also, don't forget to let me know which books you recommend...

I read Gregg Levoy's Callings: Finding and Following an Authentic Life more than 5 years ago and it still is one of my favorites of all time. A more recent one was 'Survival of the Sickest' by Dr. Sharon Moalem.

This looks like a great reading list Kent. Seeing-as-how I'm an absolute sucker for books and great reading, when my credit card gets home (my fiance has it) I'll discuss it with her and see if I'm allowed to buy them...
We really need to get a book shelf!

Hey! You want books to read. How about, "A Natural History of Time" by Pascal Richet, or "Bright - Sided" by Barbara Ehrenreich, or the book I am currently reading "Money, Markets and Sovereignty" written by Benn Steil and Manuel Hinds. As far as money goes just remember what Mr. T Williams said, "You can young without money, but you can't be old without money." Money is really important. Just because I have 10 million dollars does NOT mean that anyone else out there is starving!!! The money supply of the planet expands and contracts to cover all conditions that arise. Now, if I just had that ten million!!!! Dave S

Great list and wonderful blog, thanks. Thomas Stanley (The Millionaire Next Door/The Millionaire Mind) discusses EQ as relevant to success versus IQ which has no correlation. What are your thoughts on Think and Grow Rich by Napoleon Hill? Kevin S

Thanks Kevin. I've not read Think and Grow Rich. Like the Zweig book, it may be quite useful, but I usually avoid books that speak to the very human behavior (greed, wanting to be "rich") that the book portends to be illuminate as a weakness.

In other words, why would a book tell readers that the quest for wealth is often a mindless pursuit, yet the book cover attaches to this desire?

About Kent Thune

CONNECT

Search

Disclaimer

The information on this site is provided for discussion purposes only, and should not be misconstrued as investment advice. Under no circumstances does this information represent a recommendation to buy or sell securities.